Ademi LLP Investigates Claims of Securities Fraud against Zillow Group, Inc.

Published: Oct. 4, 2021 at 9:59 PM AKDT|Updated: Nov. 3, 2021 at 1:37 PM AKDT

MILWAUKEE, Nov. 3, 2021 /PRNewswire/ -- Ademi LLP is investigating possible securities fraud claims against Zillow (NASDAQ: Z and ZG). The investigation results from inaccurate statements Zillow may have made regarding its business operations and prospects.

AdemiLogo (PRNewsfoto/Ademi LLP)
AdemiLogo (PRNewsfoto/Ademi LLP)

Click here to learn more about the investigation: https://www.ademilaw.com/case/zillow-group-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.

The investigation focuses on whether Zillow properly disclosed the viability and value of using its Zestimate proprietary model in its home-buying division. On November 2, 2021, Zillow announced that it would "wind down" its Zillow Offers division, which focused on buying homes, refurbishing them and then selling them, after determining that the "unpredictability in forecasting home prices far exceeds what we anticipated and continuing to scale Zillow Offers would result in too much earnings and balance-sheet volatility."

If you wish to obtain additional information or have information about this investigation, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, https://www.ademilaw.com/case/zillow-group-inc.

We specialize in securities fraud and shareholder litigation. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Ademi LLP
Guri Ademi
3620 East Layton Ave.
Cudahy, WI 53110
Toll Free: (866) 264-3995
Fax: (414) 482-8001
www.ademilaw.com

View original content to download multimedia:

SOURCE Ademi LLP

The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.